Watches of Switzerland: Why shares in Rolex seller are on the road to recovery Retail Shares in Rolex seller Watches of Switzerland have surged to their highest value since January after the retailer revealed positive half-year results. The Leicester-headquartered group reported a revenue of £785m for the six months to 27 October, 2024, a four per cent rise. In a trading update issued to the London Stock Exchange, Watches of [...]
Falling Rolex prices are fuelling a sales boom Retail The holiday season has always been pivotal for luxury watch sales, and this year brings a particularly promising outlook. Contrary to the usual holiday price hikes in many markets, the secondary watch market has seen notable price declines. Over the past year, prices for iconic brands like Rolex have dropped by an average of five [...]